Welcome To The Patriot
The Patriot provides a 5-minute weekly digest of the firearm industry.
Brought to you by Trident 1, the best-in-class, all-in-one, cloud-based FFL-compliant POS software for the firearm/outdoor industry.
Spotlight
In an innovative approach to ammunition sales, two Alabama grocery stores have introduced AI-powered vending machines that dispense gun ammunition after verifying the buyer’s age and identity through facial recognition and ID scans. These machines are designed to streamline purchasing ammunition, making it more accessible to law-abiding citizens.
The initiative has received legal clearance from the Bureau of Alcohol, Tobacco, Firearms and Explosives. With plans to expand to Oklahoma, Louisiana, and Texas, targeting areas where hunting is prevalent, this move represents a significant shift in the landscape of ammunition sales, enhancing Second Amendment rights.
Customers have expressed overwhelming enthusiasm for the convenience these kiosks offer. This technology not only simplifies the purchasing process but also sets a new standard for secure and efficient ammunition sales.
The CA Excise Tax is Now In Effect
As of July 1, 2024, California has implemented an 11% excise tax on firearms, parts, and ammunition sales, in addition to the existing 6% sales tax. This presents a significant challenge for California FFLs, who must now manage complex quarterly state payments.
The good news is that Trident 1’s advanced POS system is ready to help. Our updated software automates tax calculations and generates detailed reports, ensuring smooth compliance with these new regulations.
Customer Spotlight: Lipsey’s
Meet Aaron Keating, VP of Technology and CIO at Lipsey’s, and discover how their partnership with Trident 1 has expanded their operations to handle everything from store replenishment to consumer drop shipping.
The Number:
$12.04 billion by 2030
The global firearms market is projected to reach a value of $12.04 billion by 2030, growing at a compound annual growth rate (CAGR) of 5.49%.
In-Depth
FPC Challenges Washington, D.C.’s Assault Weapons Ban
The Firearms Policy Coalition (FPC) has initiated a federal lawsuit against Washington, D.C., aiming to overturn the city’s ban on so-called “assault weapons,” which includes common semi-automatic firearms such as AR-15 rifles. FPC’s legal action seeks to affirm that the acquisition and possession of these semi-automatic firearms are constitutionally protected, demanding an end to the enforcement of the ban and related regulations.
Read More – Firearms Policy Coalition
Supreme Court Vacates NY Circuit Court Ruling on Concealed Carry Law
The U.S. Supreme Court has vacated a ruling from the Second Circuit Court of Appeals regarding New York’s Concealed Carry Improvement Act (CCIA). The decision comes after Gun Owners of America (GOA) argued that the circuit court misinterpreted a previous Supreme Court ruling. This action puts New York’s strict gun control measures in jeopardy, potentially impacting the state’s requirements for concealed carry permits.
Supreme Court Holds Off on AR-15 Second Amendment Protection Decision
The Supreme Court has opted not to hear challenges against an Illinois ban on assault weapons at this time, leaving the status of AR-15s under the Second Amendment undecided. Justice Clarence Thomas expressed that the Court believes these cases need further development in lower courts to “ripen” before eventually reaching the higher courts.
Highlights
- NRA Fights Back: The National Rifle Association of America (NRA) and other pro-gun groups have filed a lawsuit against California’s 11% excise tax on the gross receipts from retail sales of firearms.
- Union County Gun Range Opens: The new Union County Gun Range in Georgia, offering a 150-yard rifle range and a 25-yard pistol range, has officially opened.
- GunCon 2024 Success: GunCon 2024 hosted by @TheGunCollective and @brownells saw 1,000 attendees, over 30 sponsors, and an expanded panel schedule, promising even more for GunCon 2025.
The Patriot is brought to you by Trident 1, the best-in-class, all-in-one, cloud-based FFL-compliant POS software for the firearm/outdoor industry.
We handle everything from POS to distributor integrations, eCommerce, range management, gunsmithing, and compliance. All in one convenient, real-time cloud-based platform.
